08/23/2019

Alphinity Global Equity Fund added to BT Panorama

Alphinity Gobal portfolio manager Jonas Palmqvist said the addition to BT Panorama is a significant boost to the team’s efforts to grow their retail footprint, after receiving strong institutional support in the Fund’s first three years.

08/22/2019

M&G sets up shop down under

Two senior appointments from last year are attached to the development; Chris Andrews was named head of business development for Australia in September last year, and James MacKinnon was appointed head of Australia, real estate last December.

08/22/2019

M&G Investments opens first offices in Australia

William Nicoll, head of Institutional Fixed Income, M&G, said: "We are seeing a growing demand from superannuation funds to diversify their portfolios through increasing allocations to international markets.

08/21/2019

Kogan Super launches

Kogan founder and chief executive Ruslan Kogan said Australians are turning to low-cost super funds to ensure their retirement savings aren't being eroded by high fees.

08/20/2019

AMP advice lead rejects AMPFPA claims

The AMP Financial Planning Association said it would challenge the changes, saying AMP had failed to consult with advisers or give the required 13 months' notice of a substantial change.

08/19/2019

Ambitious Netwealth doubles down after profit jump

The ASX listed wealth management platform reported a 24 per cent increase in its full-year net profit after tax of $36 million, which share-market investors welcomed by bidding the shares up by 3.6 per cent to $7.20 by the close on Monday.